Vital First Step to Financial Freedom: Regular Inflow of Capital

Key to success is to ensure there are various ways towards it.

The truth is this – You cannot create wealth or work towards financial freedom with nothing.

Even when you have a great idea for a business, you would definitely need some source of capital for the initial phase.

The most basic source of inflow is your day job. This is where your moolah is going to come from. It pays for your food, shelter, your wants and believe me, it is also the springboard to your financial freedom.

Everyone starts of with a job, and then branches out from there into various paths of success. Some may climb the corporate ladder, while other may make use of the experience to build a viable business.

Whichever way it is going to be for you, the most important first step is to ensure that you have a regular inflow of capital to allow you to use it work towards the promised land of financial freedom.

Do not see your job as a job. Do up a plan. Make some goals in what you would like to achieve in your day job, and what are some of the avenues available for you. We will definitely talk about these avenues towards financial success, as I chart out my own roadmap towards success. Most importantly, work on increasing your source of capital, which will be vital in your pursuit of financial freedom. This can happen either through promotions, taking up a second job or building a side business, or by any other means.

You are working towards using money to earn more money. Therefore, the more you have, the faster and easier it is for you to work towards financial success.

Journey starts here…

Everyone longs to be rich, to have all the money in the world to live a comfortable life, a life where they can have whatever they want. Everyone dreams to have all the time in the world to do whatever they want to do, not having to care about the one thing that is tying so many of us down to our mundane lives – money.

For me, this blog will detail the journey that I am going to undertake to become financially free. In fact, I have already started this journey about 4 to 5 years back. Till date, I am still about the same as when I had started. That is not to say that I have not been successful in my pursuit of financial freedom. I have definitely learnt many lessons in the past 4 to 5 years. I even had a major setback where I lost a substantial amount that I have no idea how I could have repaid. However, thanks to life where everything happens for a reason, mistakes and setbacks teach us and bring to us valuable insights and experience in our journey.

I will be sharing about articles and also about my plan on how I plan to be financially free. It will be a journey that is going to have a lot of ups and downs. I will be sharing not about my triumphs but also the mistakes that I made along the way. In this way, you who are reading this blog may then know how you want to go around these mistakes when you plan to take on such a challenge in your won life. It will be more of an experiment to detail one’s journey towards financial freedom, so that if I were to make it one day, this blog can be a basis for one to refer to if they so decide to embark on this scary but worthwhile journey one day.

To my success,
Damian